Katie Holmes and Tom Cruise Reportedly Negotiating Settlement

Celebrity

The couple wants this divorce to avoid court, sending their lawyers to negotiate several issues including the custody of their only child, Suri.

July 8, 2012

AceShowbiz -

Although Katie Holmes made it explosive with her filings which were made public last week, she reportedly is negotiating a low key divorce. Her lawyers allegedly are negotiating a full divorce settlement with husband Tom Cruise's legal team.

The couple doesn't want the case to go to court. According to TMZ, the lawyers will discuss child custody, visitation, child support and a property settlement in a "calm" manner. There will be no court hearing in the foreseeable future unless negotiations fall apart.

TMZ's source also added that Cruise will not have to move the case to California where he could get better chance to win joint custody. If the settlement went as planned, it could be ratified in New York.

Editors' Pick

Holmes had a meeting with her lawyer Allan Mayefsky and his partner Michael Mosberg at a midtown Manhattan on Friday, July 6. Cruise and his lawyer Bert Fields are still waiting on what the other side will do until they have something to say in public.

About This Article

AI-Assisted Content: This article was created with the assistance of artificial intelligence technology under human editorial oversight. Our editorial team reviews and verifies all AI-generated content for accuracy.

Sources: Information in this article may be aggregated from publicly available sources including press releases, news agencies, and entertainment industry sources. We provide attribution where applicable and strive to ensure factual accuracy.

Learn More: For details about our editorial standards and practices, visit our Editorial Standards page.

Contact: Questions or concerns? Email us at [email protected]

Follow AceShowbiz.com @ Google News